Case study: MTN Introduction: The resource-based view of strategy According to Segal-Horn (2004 p 163) the Resource-Based View (RBV): “ ... places the firm rather than the industry at the centre of strategy formulation ... It has an internal resource focus rather than an external industry or market focus for strategic thinking.“ Why RBV? Rumelt’s research (Unit 3 Section 2 pp 8-9)‚ although contested‚ showed that the industry environment accounted for a very small percentage of the
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RESOURCES BASE VIEW Financial resources: The 1998 financial report shows that SingTel‚ the largest telecommunications company in Singapore‚ has a huge reserve (cash and bank deposits) of S$4.44 billion. This is the company’s strength as not many companies have such large reserves. The debt-to-equity ratio1 in the last 3 years was also very low. In fact in 1997‚ it was just 0.05 as opposed to in 1998 and 1999 when it was merely 0.06. With such a huge reserve and low debt-to-equity ratio‚ SingTel
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| Critically discuss the importance of resource-based sources of competitive advantage in one of the industries studied on this module. You should discuss a range of companies. ‘Competitive advantage’ is when a firm sustains profits that exceed the average for its industry. The goal of much of business strategy is to achieve a sustainable competitive advantage. Porter identified two basic types of competitive advantage; cost and differentiation. These two advantages are known as ‘positional
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Osama Bin Laden Term Paper 1. What details of the events has each writer selected to focus on? New York Times-the writer choose to be a descriptive writer by mainly going to details about the topic and vivid events which took place on 9/11‚its relation to Osama Bin laden. They captured topics such how the president and his advisers plot with kill and stop the terrorist acts of bin laden. The Post-they focus mainly on the death of Osama Bin Laden and what was going on in America
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what they produce and how they use resources at their disposal to do so. In this sense we may distinguish between the positional perspective‚ developed by Michael Porter‚ according to which achieving competitive advantage is the result of exploitation of imperfections in the market‚ the resource based perspective‚ which states that competitive advantage lies in the ownership of valuable resources‚ and the dynamic capabilities view‚ which follows the resource based view but also adds the dimension of
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CRITICALLY EVALUATE THE CONTRIBUTION OF STRATEGIC HRM IF THE STRATEGIC BUSINESS PLAN IS FORMULATED AS (a) A CLASSICAL (or prescriptive ) BUSINESS STRATEGY (b) A RESOURCE-BASED (or capability) BUSINESS STRATEGY. Introduction ‘Strategic HRM involves keeping abreast of the times and developing organizational strategies that prepare organizations not only to respond to changing environmental pressures but proactively to seize the initiatives in their various markets.’
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Lectures and Tutorials Course No Cours Title Course Planner MGT207 HUMAN RESOURCE MANAGEMENT 13460 :: Tej Bir Kaur Text Book: Other Specific Book: Lectures Tutorial Practical Credits 4 1 0 1 Dessler‚ G. Varkkey (2009)‚ 11th edition‚ Human Resource Management‚ Pearson Education 2 Ivancevich‚ J.M. Human Resource Management‚ Tata Mcgraw Hill 3 Rao‚ P.S (2008) Essentials Of Human Resource Management and Industrial Relation‚ Text and Cases‚ Himalaya Publishers. 4 Jyothi
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Conceptual Framework in Tourism Industry Context in Taiwan: Resource Based View Chih-Wen Wu ‚ National Chung Hsing University‚ Taiwan Abstract: The purpose of this research was to develop and test a conceptual framework for sustainable development in tourism industry context to address the integration of social‚ economic‚ and ecological elements of sustainable development and the contextual nature of sustainable development. Resource-based view theory was used to model the driving force‚ state and response
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SCOPE‚ LIMITATIONS‚ and DELIMITATIONS By Marilyn K. Simon and Jim Goes Includes excerpts from Simon & Goes (2013)‚ Dissertation and Scholarly Research: Recipes for Success. Seattle‚ WA: Dissertation Success LLC Find this and many other dissertation guides and resources at www.dissertationrecipes.com Scope The scope of the study refers to the parameters under which the study will be operating. The problem you seek to resolve will fit within certain parameters. Think of the scope as the
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order. In this paper‚ we develop a linear programming model for integrated planning and scheduling of supply hub activities. We assume that all stakeholders in the supply hub share information on their capacities‚ schedules and cost structures. Based on this information the model addresses the issue of production and delivery scheduling‚ for the manufacturer and its suppliers‚ for optimal profit. The model was solved using optimization tools provided by ILOG. Keywords : Supply Hub‚ Collaborative
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